Net Energy Metering Existing and Remaining Capacity

 

This information is posted pursuant to NOVEC tariff NEM-10 — effective December 1, 2023.

NOVEC System Peak Calculation (Based on 2023 Data)

 NEM-10 Net System Peak:      1,015 Megawatts

 

Net Metering Capacity Limit Pursuant to Tariff NEM-10

Cap Percent (%) Megawatts (MW)
Total Residential Capacity 4.0% 40.580
Total Nonresidential Capacity 1.0% 10.145
Total Nonjurisdictional & Nonprofit Capacity 2.0% 20.290

 

Current NEM Connected Load Installed (in MW of Connected Load)

Capacity  Megawatts (MW)
Total Residential Capacity Installed 22.338
Total Nonresidential Capacity Installed 1.123
Total Nonjurisdictional & Nonprofit Capacity Installed 1.779

 

Capacity Available for New Installations* (in MW of Available Capacity)

Capacity  Megawatts (MW)
Total Residential Capacity Available 18.242
Total Nonresidential Capacity Available 9.022
Total Nonjurisdictional & Nonprofit Capacity Available 18.511

 

 

 

*The financial conditions related to installing net metering equipment or entering into third-party net metering purchase power agreements could change over time. Variables include, but are not limited to, power market conditions, NOVEC rate level or rate structure changes, regulatory rule or statutory changes, and/or the contract terms of the net metering system or third-party power purchase agreements.

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